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Massive Gains for Iran from India as tension rases
April 4th, 2026 - 08:35 GMT
Osama Ali

Osama Ali

Massive Gains for Iran from India as tension rases

ALBAWABA - As the continuous turmoil in the Middle East interrupts energy supply channels and puts pressure on international markets, India has started importing Iranian crude oil for the first time since 2019. India's Ministry of Petroleum claims that in order to counteract interruptions caused by instability in the Strait of Hormuz, Indian refineries have obtained crude supplies from a variety of sources, including Iran. The action follows years of ...
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Jordan's next government will tackle the difficult issue of raising the cost of electricity
January 10th, 2013 - 08:48 GMT

Next government to decide electricity prices in Jordan

Former Egyptian PM has urged the government to reduce spending instead of asking citizens to tighten their belts
January 10th, 2013 - 08:42 GMT

Egypt: Former PM demands cuts to expenditure

Report suggest that Iran is planning on building a new gas plant at the cost of $1.6 billion
January 10th, 2013 - 04:00 GMT

Iran: Reports of plans to construct new gas refinery

Strike action by electrical workers in Lebanon  could further exacerbate weather related power cuts
January 9th, 2013 - 12:42 GMT

Strike by electricity workers in Lebanon compounds weather problems

Bahrain's state-backed oil company reached a new milestone in oil production
January 9th, 2013 - 12:20 GMT

Bahrain in record oil production

The UAE has no plans to alter strict new mortgage laws, according to sources quoted by a local daily paper
January 9th, 2013 - 11:48 GMT

No change in expat mortgage rules in the UAE

Iraq oil production dipped in December
January 9th, 2013 - 11:38 GMT

Iraq oil exports see December drop

Jordan has been briefing Morocco on how to reduce subsidies
January 9th, 2013 - 11:29 GMT

Jordan offers advice to Morocco on subsidy reduction

Lebanon's gas prices are continuing to rise
January 9th, 2013 - 08:44 GMT

Lebanon: Gas prices keep on rising

The Egyptian stock market responded well to the new IMF talks
January 9th, 2013 - 08:08 GMT

Egyptian stocks respond well to IMF visit

Illegal financial flows in Lebanon are thought to have topped $21 billion, according to a new report
January 9th, 2013 - 06:40 GMT

Illicit financial flows top $21 billion in Lebanon

The Jordan Phosphate Mines Company (JPMC) is facing corruption allegations
January 9th, 2013 - 04:00 GMT

Jordan: More corruption charges possible in phosphate case

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